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By holding a portfolio of more than 20 stocks, this portfolio can have: Lower systematic risk than the stock with the lowest beta in this

By holding a portfolio of more than 20 stocks, this portfolio can have: Lower systematic risk than the stock with the lowest beta in this portfolio Higher expected return than the stock with the highest expected return in this portfolio Higher specific risk than the stock with the highest specific risk in this portfolio Lower total risk than the stock with the lowest standard

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